00:00There was much cheering in Norway's Labour Party headquarters when the initial election
00:05results were read out.
00:07The centre-left group came out on top with almost 30 per cent of the vote.
00:11Without an absolute majority, Labour will have to rely on allies to govern.
00:16They'll need the support of the four other left-wing parties in parliament to pass legislation.
00:22Tax hikes for the wealthy, restricting oil expiration and divesting Norway's sovereign
00:45wealth fund from Israeli companies are likely to be on the agenda for the newly elected government.
00:51Despite a strong showing for the populist Progress Party, Prime Minister Johannes Garstora claimed
00:57the election result as a clear victory over the far right.
01:02Today, a signal is also being sent outside of Norway.
01:08We have seen this from many of our friends around the world, that it is possible for social
01:13democracy to win elections, even at a time when the right wing is on the rise.
01:23While they won't be governing, the Progress Party led by Sylvie Listhaug still saw a record
01:28surge in support, coming in second place.
01:31Listhaug campaigned on a platform of lower taxes and tougher immigration controls, helping
01:38her break ahead of the traditional right, comfortably beating the Conservative Party, who placed third.
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